Glebe Point Road

Glebe Point Road

Local area profile for business

Glebe Point Road village is filled with heritage buildings of charming architecture and links to key historical figures, which combine to reinforce the unique character of the village.

The area has a diverse mix of residents with varying income and demographic profiles, including a significant student population due to its location adjacent to several major tertiary institutions.

Local businesses tend to be mainly focused on servicing the local resident population, with industries such as food and drink and retail accounting for a large proportion of businesses and employment.

Much of this activity is focused around Glebe Point Road and along the southern border of the village.

View the visitor score card for the area.

The economic profile summaries below link to more detailed information.

Place

The Glebe Point Road village includes the suburbs of Glebe and Forest Lodge and parts of the suburbs of Ultimo, Camperdown and Annandale.

The area is close to the city centre and surrounded by extensive foreshore parklands. Glebe Point Road provides a focal point for village activity, and is home to the popular Glebe Markets on Saturdays.

What do residents like about their village?

“Parks, open spaces and playgrounds, especially along the foreshore, are sustainable, well maintained and easily accessible.”

“Its charm; reflected in its architecture.”

Source: City of Sydney Resident Consultations

Residents

The area is home to people of various nationalities and ethnic groups, including a significant Aboriginal and Torres Strait Islander population.

There is a significant student population due to the presence of several tertiary institutions nearby. 32

Residents
Population (2018)* 25,935
Median Weekly Household Income (2016)** $1,662
Median Age 32
Studying at University/TAFE (2016)** 23.8%

*Estimate based on projections by id Forecast
**Census estimates

Businesses

A large portion of businesses in the village are aimed at servicing the local resident population, with retail and food and drink sectors together representing nearly half of all businesses in the area. Most of these businesses are located along Glebe Point Road and Parramatta Road.

Employing Businesses
Employing Businesses (2017) 893
Top 3 Sectors by Number of Employing Businesses Food & Drink (26.5%) Retail & Personal Services (21.1%) Professional and Business Services (7.3%) Creative Industries (7.3%)
Proportion of Employing Businesses with less than 20 Employees 89.2%

Source: Floor Space and Employment Survey, 2017 – City of Sydney

Workforce

Food and drink businesses account for the highest proportion of employment in the village area. The area also attracts significant employment in the Creative Industries and Professional and Business Services.

Workers
Workers (2017) 9.592
Top 3 Sectors by Number of Workers Food & Drink (14.3%) Creative Industries (12.5%) Retail & Personal Services (11.9%)

Source: Floor Space and Employment Survey, 2017 – City of Sydney

Visitors and customers

Visitation to the village tends to be biased towards the weekends, when many people come for attractions such as the weekly Glebe Markets. There is currently a low supply of visitor accommodation in the area.

Future Outlook

The Glebe Point Road village is a well-established urban area, and as such growth in the resident population and workforce is expected to be only moderate.

Forecast Average Growth
2016–36
Average annual change
Residents* 0.7%
Workers** 1.4%

*Source: id Forecast
**Source: City-based estimates

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Downloads
Glebe Point Road visitor score card PDF 214.6 KB Download

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Disclaimer

This information has been compiled from various sources. The publisher and contributors accept no responsibility for any injury, loss or damage arising from the use, error or omissions therein. While all care is taken to ensure a high degree of accuracy, users are invited to notify the City of Sydney of any discrepancies. No part of this information, including maps or data, may be reproduced without written permission.

Last updated: Friday, 14 February 2020